Teva agrees to tentative $4.25 billion national settlement over opioids
The Israeli drugmaker Teva Pharmaceuticals has agreed to a proposed $4.25 billion deal to resolve thousands of lawsuits brought by states, other jurisdictions and, for the first time in a national settlement, Native American tribes over the opioid epidemic.
[…]“Teva downplayed the risk of addiction when it marketed its opioids and overstated potential benefits, deceiving doctors and patients,” Pennsylvania Attorney General Josh Shapiro said in a statement. “Today’s settlement ensures Teva will pay for its irresponsible actions, with funds going directly to communities in Pennsylvania most impacted by the opioid epidemic.”